When most people think about gardening, they picture someone in a sun hat muttering...

Awash Insurance S.C. (AIC) has announced a remarkable financial performance for the 2024/25 fiscal...

Ethiopia’s much-anticipated Securities Exchange (ESX) is poised to begin official trading next week, signaling a transformative moment for the country’s financial sector. Following successful pilot transactions conducted two weeks ago, the ESX is now ready to fully operate, opening new avenues for investment and economic growth. Since its establishment in October 2023, the ESX has garnered significant attention and support from both local and international investors. The capital raising campaign, launched in November 2023, exceeded expectations by securing 1.5 billion birr (approximately $26.6 million), surpassing the initial target by an extraordinary 631%. This capital infusion came from 48 institutional investors across finance and non-financial sectors, with coordinated efforts spanning Addis Ababa, Nairobi, and London. The ESX operates under a pioneering public-private partnership model, with the Ethiopian government holding a 25% stake through Ethiopian Investment Holdings, while...

In a landmark move to strengthen the resilience of Ethiopian agriculture, the Ethiopian Agricultural...

Safaricom Ethiopia has raised concerns over the current pricing structure of mobile data services,...

In the world of economic policy, few decisions are as consequential—or as fraught with risk—as the devaluation of a...

In recent years, Ethiopia has witnessed a troubling and growing trend: the systematic silencing of voices that express dissent...

The House of People’s Representatives this week passed a proclamation granting conditional immunity to investigators engaged in money laundering...

In Ethiopia, the principle of the rule of law is enshrined in the constitution and legal codes, promising justice,...